116 Kamehameha Ave 6, South Hilo

$1,108,000

  • MLS® #: 655573
  • 116 Kamehameha Ave 6
  • South Hilo, Hawaii 96720

116 Kamehameha Ave 6, South Hilo

$1,108,000

  • MLS® #: 655573
  • 116 Kamehameha Ave 6
  • South Hilo, Hawaii 96720
0 Beds
1 Baths
4,760 Sqft
.06 Acres
0 Garages
  • Overview 1 Bath, 4760 SQ. Feet, 0.06 Acres
  • Listing Type Commercial
  • Office: Coldwell Banker Island Properties - Hilo

Opportunity knocks with this Vintage Classic Hilo Bayfront Fee Simple Building. Six units in the building with two great 'store fronts' and four office/small business rentals upstairs. This high traffic building is located between Cronies Sports Bar & Restaurant and the Tsunami Museum. The building is adjacent to one of our best local known clothing designers, Sig Zane Designs. Located in the Opportunity Zone & Historic District with great possibilities. This wonderful commercial building has stood the test of time and in great condition. All starts with the new roof (April 2020). All six units are fully occupied with month to month leases for the upstairs tenants who share a common bathroom. These Bayfront upstairs units overlooking Hilo Bay have hardwood floors, windows to allow the ocean breezes to come in along with the natural light. The two spacious store fronts open onto the very busy Kamehameha Avenue make for high visibility and foot traffic. Visible from cars driving by as well. One store front has been a restaurant and currently a Café (Cold Kitchen). Retail business in the second store front. Approximately 4706 sf of retail business space. Located on the first block of Kamehameha Ave in Hilo Downtown District between Waianuenue Ave and Kalakaua St. Short walks to the renowned Hilo Farmers Market, restaurants and shops. Hilo town has so much to offer and prime commercial buildings like this are hard to come by! Hilo is growing and it's time for you to grow with it as well by putting you're mark on this very unique building. Sustainable Metal roofing panels made with highest recycled content of steel and aluminum Durapon70, an Energy Star-rated heat-reflective finish. Buyer's to Participate in a 1031 Tax Deferred Exchange at no cost to Buyers.

Essential Information

MLS® #655573
Price$1,108,000
Bathrooms1.00
Full Baths1
Half Baths2
Square Footage4,760
Acres0.06
Year Built1904
TypeCommercial
Land TenureFee Simple
StatusActive
Assesed Value$363,500

Community Information

Address116 Kamehameha Ave 6
SubdivisionHILO TOWN
StateHawaii
Zip Code96720

Amenities

Floor CoveringConcrete, Other (remarks)

Features

Ceilings-9'+, High Traffic, Smoke/Heat Detector

View

Bay, Ocean, Ocean Horizon, Sunrise

Interior

AppliancesNone
CoolingAir Conditioning

Exterior

Lot DescriptionOther (remarks)
RoofOther (remarks)
FrontageAlmost Oceanfront

Additional Information

Date ListedNovember 1st, 2021
Days on Market32
ZoningCDH
Description Land TenureFee Simple

Listing Details

Office

Coldwell Banker Island Properties - Hilo

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Quick Details

This Property is priced at $1,108,000 and located at 116 Kamehameha Ave 6, . With Bedrooms and 1.00 Bathrooms, it offers a total of 4760 Square feet. This Commercial was built in 1904 and its status is Active. This property is represented by Thomas Williams of Coldwell Banker Island Properties - Hilo, Contact Number 8089697863, our team of Realtors can represent you at no additional cost.

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Listing information last updated on December 3rd, 2021 at 9:10am HST.